Quanterix Corp reports results for the quarter ended in June - Earnings Summary

Quanterix

08/08/2023 14:33

* Quanterix Corp  QTRX.OQ  reported a quarterly adjusted
loss
of 16 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss
of 38 cents per share.
    * Revenue rose 31.4% to $30.87 million from a year ago;
analysts
expected $25.89 million. 
    * Quanterix Corp's reported EPS for the quarter was a loss
of 16
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Quanterix Corp shares had fallen by 3.6% this quarter and
gained 56.9% so far this year.
    * The company reported a quarterly loss of $6.06 million.
    * Wall Street's median 12-month price target for Quanterix
Corp is
$25.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.38          -0.16          Beat
 Mar. 31 2023      -0.38          -0.16          Beat
 Dec. 31 2022      -0.47          -0.50          Missed
 Sep. 30 2022      -0.42          -0.95          Missed